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by democrats is working this week, but they're not working on the fiscal cliff. and the house won't even be back to work until sunday, just two days before the year-end deadline. then there is also the milk fiscal cliff. have you heard of that one? if congress does not pass a new farm bill by january 1st, milk prices could nearly double some say to as much as about $7 a gallon. they have until the first to get that done or milk prices go up and with the fiscal cliff, massive tax increases and spending cuts. that's the latest here at the white house, back to you. >> thank you, sherri. >>> we've been getting responses to the cliff talks on our facebook page. that's where we asked you, what do you think about congress and the white house not reaching a deal on the fiscal cliff? do you think it's possible that a compromise will be reached before the deadline? tammy simpson writes -- peggy fleming says -- >> a lot of people fired up obviously over this. >>> traffic is back to normal on the springfield interchange, even while virginia state police continue to investigate a deadly accident ther
confirming they are going to the white house tomorrow to try to find a solution to the fiscal cliff. a with us white house official saying the president will movie theater harry reid, mitch mcconnell, john boehner and nancy pelosi. if they can't work this out and we go over the cliff it means smaller pay checks automatic spending cuts and according to some economists possibly another recession. molly henneberg tracking developments tonight at the white house. what are you hearing? >> hi, harris. senate republican leader mitch mcconnell confirmed it and the white house made it official. there will be a hearing here tomorrow according to a white house aide. it will be on the schedule that the president will talk fiscal cliff with those four top congressional leaders that you mentioned, harris. the president returned to washington today. he cut his hawaiian vacation short to get back to the white house for any possible last minute fiscal cliff meetings and it appears there will be one tomorrow. harris? >> well, what kind of response is the president getting from lawmakers at this point
leaders to the white house, 3:00 this afternoon is the date for one final fiscal cliff showdown. just four days left to get this deal done or massive tax hikes and spending cuts will kick in. >>> the u.s. embassy clearing out of an african nation this morning. deteriorating security in the central african republic has forced the u.s. state department to temporarily suspend operations. there the u.s. ambassador, his diplomatic team and some private american citizens are out of the capital. the country's president has asked france and the united states for help to stop rebels that threaten rule. >>> it's not clear who will replace lisa jackson as the head of the environmental protection agency. jackson announced yesterday she's stepping down in january after the president's state of the union address. the epa created new standards for air pollution from coal power plants on her watch. >>> massachusetts congressman ed ma markey throwing his hat into the ring for kerry's senate seat. a special election would be held early this summer. markey a 66-year-old democrat is the first prominent candid
obama cutting his vacation short to avoid the fiscal cliff but house speaker john boehner says the people who need to take action are not in the oval office. >>> as the investigation continues into the deaths of four americans in libya we're learning people who were initially blamed are back on the payroll with little or no punishment. >>> unbelievable video. some aquariumgoers getting way too close to a real live shark. as close as you can get without becoming dinner. it is all "happening now." harris: hello, everyone, i'm harris faulkner, in today for jenna lee. jon: nice to have you up here in the big studio instead of down in the newsroom. harris: good to be here. jon: i'm jon scott. there is deadly weather pounding the united states. a powerful winter storm bringing snow and driving rain to the northeast. blizzard conditions in some areas. it is the same system that brought winter storms and tornados to the south and midwest. at least 12 people have died in this system. we're seeing major travel problems today as well. some areas are getting slammed all night long. anna ko
. the senate is working on issues other than the fiscal cliff. the house doesn't return until sunday. president obama got back today but no significant progress towards a deal. democrats and republicans are fighting about process and issues. republicans want democrats to come up with a new proposal. house republicans say sign on to their proposal, keeping tax ritz rates where they are. when it comes to this impasse, both sides have taken to blaming one another. >> the house of representatives is operating without the house of representative. it's being operated with a dictatorship of the speaker. not allowing the vast majority of the house represents to get what they want. if the 250 would be brought up, it would pass overwhelmingly. >> we wanted an agreement. but we had no takers. the phone never rang and so now here we are five days from the new year and we might finally start talking. >> even if democrats and republicans, their leadership and the president, were to strike a deal on the fiscal cliff, it will take a couple days for the senate to work through it, the house to work through it an
an agreement on avoiding this fiscal cliff. sherry ly is live at the white house this morning with the latest. >> reporter: good morning. the tone here in washington hasn't really changed much since before christmas. now, with days to go before going over that so-called fiscal cliff, the president is hoping today's 3:00 meeting here at the white house with democratic and republican leaders will help avoid this standoff. both sides continue to play the blame game though. senate majority leader harry reid attacked house speaker john boehner for blocking a vote on a potential deal while the gop led house isn't due back until sunday, just one day before the deadline to avoid the automatic tax increases in spending cuts that could send the nation into recession. the differences between the two sides remain intact. democrats want to raise taxes on everyone earning more than $250,000 a year although the president has offered to up that to $400,000 in negotiations with boehner. republicans have rejected any new taxes even those the house speaker proposed on people earning morning a million dollars. i
the president cutting his holiday vacation in hawaii short to get back to work on avoiding the fiscal cliff. the white house says the president is set to return to the nation's capital tomorrow morning to try to hammer out a deal where lawmakers on stopping automatic tax hikes and deep spending cuts from kicking in, which is set to happen, if you're not watching the calendar, six days from now. if they don't reach a deal many say it could send the country right back into recession. ed henry is live in honolulu, hawaii. is this a sign the president sees progress in the talks? >> reporter: well, good to see you. it may be the opposite. the president's not seeing progress and wants to get back to washington as soon as possible to goose the process. time is running out. economists say we could go into another recession if the fiscal cliff is not dealt with. we just learned house republicans convened a conference call with members to say be on 48 hours notice to come back to washington in the next few days to deal with this one way or another. the senate coming back into session tomorrow morning
an hour away now from the late es effort to avert the so-called fiscal cliff. the three-way stare down between the white house, the senate, the congress moves to pennsylvania avenue. president obama meeting behind closed doors with house speaker boehner, senate majority leader harry reid and senate minority leader mitch mcconnell talking about doing something to keep more than trillion dollars in tax increases and cuts from taking effect next week. also joining that party today, america's happy warrior. vice president joe biden will be there. while some appear ready to compromise others are still ducking, dodging, trying to dump the blame elsewhere. >> we all have our ideas and in the senate, you're right. we probably another 40, 50, 60 of saying that we're ready to both raise revenues and control entitlements. when's the missing ingredient? it is presidential leadership. >> i think in the end we'll get a deal. the question is the timing. >> am hopeful there will be a deal that avoids the worst parts of the fiscal cliff, namely taxes going up on middle class people. >> it's pretty appa
undone if we go over the fiscal cliff. >> i think clearly we've seen some healing in housing which is great and as has already been said we've seen some good progress over in europe and in china so that's all great. i'm neutral on equities in my allocation strategy fund, target rich funds and the reason for that is the fiscal cliff. if we go over the fiscal cliff then i think that given how lean companies are, and as slow as we're growing, we could see the economy dip back into recession and earnings estimates will have to go lower. >> the mastercard report on retail sales not good. the worst since '08, and you're concerned -- obviously there are those who feel that that's a result of people worried about the fiscal cliff, but you're concerned it could have an impact on housing which is one of the few bright spots in our economy as well, correct? >> the view here is that if we go over the fiscal cliff the concern is there's going to be a drain on income and thereby it will rayfect the housing recovery. 50 days since the election and in that 50 days the markets haven't been essentia
. the strategy in the house is if they try to move this bill at the same time they move the fiscal cliff bill, it has a better chance of passing them by itself? guest: the house is back to deal with the fiscal cliff bill. the hope to supporters of the sandy supplemental is the house would do something on the fiscal cliff package and somehow they could use that as an opportunity to get the sandy bill through. the chance for the fall supplemental to be passed before the end of the year, it will either be a smaller amount or they will not touch it at all. the senate will have to start over next year. host: raymond hernandez rights that leaders from the hurricane- battered region and urged the house to act. he says states need an infusion of aid to continue cleanup and rebuilding efforts. it sounds like an unusual move. all of these governors are working together as opposed to saying separately "this is what i need." guest: you have a lot of the personalities representing the victims of sandy. they have pulled together effectively after the first few weeks after the storm. they have generally bee
for argument sake we go flying off the fiscal cliff. what happens to housing? >> i think housing to some extent goes off with it. we'll end up with a recession and that will dampen homebuyers enthusiasm for buying homes and we'll see a downtick in house prices and uptick in foreclosures. tracy: that is good news. let's go glass half-full. they fix this ink it. fiscal cliff solved. housing market, what, what's the big thing that you think 2013 will bring? it is the year of rental. of new construction. what should we expect to see if all goes well in washington? >> what we should expect to see is a continuation of the recovery which started this past year. you just reported that house prices are up about 4%. i'm expecting that house prices in 2013 will be up 3 to 4%. that is actually, a nice solid, steady recovery. you don't want it taking off and having increases of eight, 10, 15% because they're not sustainable. the best we can hope for is a good solid recovery. have some real positives. fundamentals are strong. house prices are down. affordability is up. rents, it cost less to own a house than
. host: the house and senate are back in session today, but the fiscal cliff negotiations are not on the agenda. during this first segment, we want to hear from business owners only. about your views on the fiscal cliff and how it may affect you in 2013. you can see the numbers on the divided by zones -- time zones. you can also contact us via social media on twitter or facebook or by e-mail. before we get an update on the fiscal cliff, two articles to show you. this is from the houston chronicle. that's from the houston chronicle. if there are updates, we will get those throughout this morning's program. one other article and we want to show you -- according to one article, the nominee has flown back from hawaii with the president on air force one. most of the papers are filled with articles about the fiscal cliff issue. joining us now is merideth shiner of cq roll call. ms. shiner. guest: ms. shiner seem so formal. we're having a recession in between christmas and new year's. that has not happened since the 1970's. maybe we should play disco or maybe they should just fin
that they are getting something done, the fiscal cliff meeting at the white house right now. what were the mechanics of rushing the deal through congress and getting it passed into law? what would that look like in four days? lisa desjardins joins us now. what will it look like? >> well, there is a couple of possibilities, don. one is that they take sort of the remnants of one of the bills that passed the house or the senate and they just change it. they add whatever is in this deal to it. they have a whole bunch of vehicles that are possible for that. one sticking point, because this deal would most likely deal with taxes, there is a rule in the constitution that is has been interpreted by most every side to determine it has to begin in the house, revenue measures begin in the house. they need a bill that starts in the house, okay, they have a lot to do that. then the trick is making sure they have the votes. i think if we see anything come out of tonight's meeting, anything substantial, that's what is going to happen this next day and a half. leaders on both sides have to make sure they have got t
and legislate more. the house has passed legislation to avoid the entire fiscal cliff, senate democrats have not. we are basically at square one. democrats and republicans all calling on the other party to pass exactly what they had passed earlier this year. we go to the other side of the potomac river and peter barnes at national airport. >> my eyes are peeled for john boehner who was back home in ohio for the holidays. haven't seen him yet. but i can -- yesterday when the storm came through, just a few cancellations and delays, i can't say that about airports for the rococo especially in new england. nationally there are fewer flights canceled than yesterday, 630 one compared to 1800 yesterday and 700 the day before. the house actually does not have to be back in session because it doesn't have anything from the senate to vote on especially john boehner and not all the house into session but the senate is in session today. i asked senate democratic leader harry reid expect all the democrats to be here despite all the problems with the weather around the country and got no response on that. spo
. the house has passed legislation to avoid the entire fiscal cliff and senate democrats have not. now they are coming into the meeting and there is already acrimoney instead of reconciliation. >> part of the problem, i am sorry, the house passed two spending bills and ideas to meet the fiscal cliff and cent -- subject it to the senate. they have two over there . john boehner said let me get third plan b . everybody is like where are the republicans on this? they should have stayed firm on the ryan plan. it was the best . back track a year ago. this stems from the failure of the super committee that stemmed from the simpson-bowles commission failing. simpson-bowles. they got together and made the recommendation to president obama who commissioned that study can. >> kelly: and yet rejected it. >> that fail would and went to the super committee. they need to get together. >> julia: if you watched fox news channel yesterday. there is a map with red dots and that is the newspaper and the lower hudson valley of upstate new york published the addresses of gun owners and now as you were talki
have breaking news from the white house where president obama is talking about the fiscal cliff after a meeting with congressional leaders. let's listen in. >> also ask lobbyist americans to pay a little more. above all, protect our middle class and everyone who is striving to get into the middle class. i want to still get this down. the right thing to do for our families, our businesses, and for our entire economy. but, the hour for immediate action is here. it's now. we're now at the point where, in just four days, every american's tax rates are scheduled to go up by law every american's paycheck will get considerably smaller. and that would be the wrong thing to do. for the economy, would be -- it would be bad for middle-class families and for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act right now. i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i am optimistic we may still be able to reach an agreement that can
to reach a fiscal cliff deal. the senate and house are expected to reconvene tomorrow. we're six days away from possible across the board tax increases and spending cuts. >>> former president george h.w. bush is still in a houston hospital. his wife, barbara, and other relatives at his side. the 88-year-old has been in the hospital for more than a month with a lingering cough and recently had a low grade fever. doctors remain cautiously optimistic about a full recovery. >>> a claim of facebook privacy breach within the zuckerberg family. his sister says a family photo was reposted by another person on twitter. randy zuckerberg called the woman out. the woman apologized said it was public because it was in her facebook newsfeed. >>> in china the longest high speed railway opens, connects beijing with guangzhou, 1,500 in eight hours, but tickets start at $138, and they're a little pricey for some people and many travelers say it's cheaper and faster to fly. >>> a report just out this morning shows home prices up in october, the biggest annual gain in more than two years. alison kosik joins u
the fiscal cliff was 10 days ago. republican leaders in the house are waiting for the senate democrats to act. they want to see what kind of bill harry reid brings forward on the floor. he is looking at republican leader mitch mcconnell to say what are you willing to accept? so here we are. there is blame game going on. there is lot of maneuvering still. bottom line we'll probably meet this weekend heading up to the fiscal cliff and we'll see what the final offer is to see if they can push it across the finish line. gregg: mike, we're getting word the president has nod no meaningful conversation with anybody own capitol hill, especially john boehner and yet we do hear, that, you know, the seeds have been talking. that staffers have actually been negotiating. what do you hear? >> reporter: that's right. we heard there have been ongoing discussions, taking place throughout the christmas holiday but at this point republicans are saying they took a beating, if you will, trying to lead in the house, a deal that did not go very far. so they're saying, okay, harry reid, senate democrats, see what yo [ laughs ] hey! >>> talks on the fiscal cliff are still continuing at the white house at this time. now, this might be first big battle in president obama's second term, but there is no shortage of tough battles beyond it. and so much to do and so little time, so little political capital to use to fight those battles. so what is a second-term president to do in if you ask progressive supporters, they might offer an agenda that builds on big victories from the past year, a new push on comprehensive immigration reform, the health care implementation, women's votes, voting rights and the rights of the lgbt community. many of these are fights where the president has largely been absent. take guns or the environment, for example. and let's not forget about the rest of the world where any number of foreign policy entanglements could overwhelm the most carefully laid plans. let's bring in dana milbank and msnbc contributor jonathan capehart also of the "washington post" to help me sort out how does a man get it done in the second term? dana, you know, they say that the second term a president
to the white house today to work on the ever looming fiscal cliff. can he cut a deal with republicans. >>> and david gregory may be in trouble of the law because of that ammo thing he has on his anchor desk. [ male announcer ] the more you lose, the more you lose, because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. [ humming ] by the armful? by the barrelful? the carful? how the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> th
. that is when the house and senate is expected to reconvene. >>> starbucks weighing in with the own fiscal cliff campaign. workers at 120 d.c. area stores are asked to write this on their cup. come together. yeah, he says it's a way to send elected official as a respectful but potent message, urging them to come together to fin common ground. not grounds, ground. >> all of the bickering in washington, all it will take is a cup at starbucks, i think it will push everybody over the edge. get a deal. >>> ahead, a u.s. marine who languished in a mexican prison for months, gets to spend the holidays at home with his family. >>> coming up, we'll talk to one of the lawmaker who's helped win his release. you're watching "starting point." ♪ everybody well don't you know it's me now? ♪ ♪ yeah who's it, who's it huh? ♪ ♪ willy's back with a brand new beat now, ♪ ♪ yeah doin' it doin' it up! ♪ heyyy yeah, tryin' to bite my style! ♪ ♪ heyyy yeah, how you like me now? ♪ ♪ na na na na na na na na ♪ and everybody go uh! time for citi price rewind. because your daughter really wants tha
: they are frustrated. they wanted that house republicans to return a lot sooner to work on a fiscal cliff deal. we know that it will not return until sunday, the house, here is democrat chris van hollen from maryland. reporter: this is not a show. the last ditch effort to bring congressional leaders together to try to get at least a small package ordeal together before the new year. in order to avoid some of the tax hurts of the fiscal cliff and unemployment. reporter: while there are discussions about a final fiscal cliff deal, there is finger-pointing going on. the blame game, if you will, if everything falls apart and the u.s. economy goes over the fiscal cliff. harris: i have to tell you that wall street is starting to react for a fifth day of losses on wall street. stocks are reacting, it is the final friday before the fiscal cliff. the dow is a 55-point drop, but it has been lower at that. it is still early in the trading day yet. the forecast for today is not looking good. a fifth day of concern there among investors on wall street. jon: flirting with out 13,000 barrier. part of the looming fisc
on a websie about the fiscal cliff. we will learn later today as the principles gather at the white house for a meeting that will get underway at 3:00 p.m.. the president, vice president, john boehner, nancy pelosi, and harry reid and mitch mcconnell and if there are any statements after that meeting, and if the president has anything to say, we will have coverage of that on c-span and on c-span radio and always on thank you for joining us and enjoy the rest of your weekend. we'll be back tomorrow at 7:00 a.m. eastern time. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> in live look at the executive mansion where negotiations on the looming fiscal cliff move down pennsylvania avenue to the white house today. house and senate leaders meeting with the president to continue work. the meeting is set for 3:00 p.m. and we will monitor any news that comes from that. c-span cameras standing by. now back to the capital. the senate is in for business today. lawmakers are working on the foreign intelligence surveillance
president obama says we're going off the fiscal cliff. we go off the cliff. tax cuts expire, sequestration, they kick it down the road. if president obama then says i'm going to put in tax cuts for anyone making under $250,000 a year. i'm going to call them obama tax cuts. will runs say no to voting for a tax cut? >> well, the interesting question is of course what this comes with. we're at the beginning of a conversation not at the end of a conversation. because we have to decide what to do with the bush tax cuts. that's one thing. we have to decide to do -- what to do with a trillion dollar of obamacare tax increases. very few people are talking about this but there's a trillion dollars of tax increases obamand ad demonstration passed before the last election and 90% of those hikes were delayed until after the president got himself reelected. then we have massive spending, $8 trillion in debt that obama's running up the next decade. republicans have several tools. right now we have very well leverage in the debate over the fiscal cliff because that stuff happens automatically but the ide
. traffic. >> thank you, jeff. >>> in the developing fiscal cliff negotiations with the clock sticking, top lawmakers are being called to the white house today. it is the first face to face meeting with the president since december 16th. sherry ly is live on capitol hill with the latest. good morning. >> reporter: well, we are here at the white house where that meeting is set to take place at 3:00 this afternoon. it comes with just a few days left to reach a deal or the nation will go over what has become known as the fiscal cliff. the result of going over that cliff would be tax increases and billions of dollars in automatic spending cuts. but as the hours tick down, the negotiations do not appear to be heating up. in his opening remarks on the floor of the senate yesterday, democratic majority leader harry reid accused republican house speaker john boehner of running a dictatorship in the house that is blocking a deal. the speaker has called the house back on sunday leaving just 24 hours for a deal. it is becoming clear though that the solution to the standoff is not going to come solely
the fiscal cliff. now all eyes will be on the senate after house republicans said it's up to them to reach the deal. nbc's danielle leigh is on capitol hill. what's the latest? >> it's another day and another standoff. john boehner may not even bring the house back to town until the senate comes up with a possible plan. >> reporter: obama leaves his tropical retreat in hawaii for a wintry washington, tension on capitol hill is on high. >> i don't so how you could hammer out any kind of a grand bargain or large plan involving tax reform and entitlement changes in a matter of days. >> reporter: serious doubt is setting in. even starbucks is getting involved, writing "come together" on its cup. speaker john boehner says he's sitting this round out after failing to get enough house republicans to support his own plan just before christmas. >> i think boehner is being controlled unfortunately by the right wing. >> reporter: that leaves it up to majority leader harry reid and the rest of the senate to find a possible solution. aides say reid's plan would avoid tax increases for people making les
of the house. all eyes on our nation's capital will look live now as the fiscal cliff rages on in the fight to come up with some kind of solution. republicans and democrats going back and forth behind closed doors on this sunday after reports of setbacks in negotiations. joining me now for his take on what has gone on now, really, since last night, fox news senior capitol hill producer, chad, good to see you. >> thank you for having me. >> harris: so basically, chad, we're right back where we started because of this setback and these two sides are now breaking up. they've gone home. >> well, in some respects we're back further than we were. it was very remarkable this afternoon when we heard there was a major setback as they start today talk about this changed cpi, change to the the consumer price index and the way they would calculate it for entitlement benefits. that's very serious, it's almost toxic to democrats and the democrats immediately decried this as a poison pill. and again, just how quickly things have changed throughout the day. democratic senator of maryland says it's like a k
has a compassionate alternative to what happens if we go over the fiscal cliff. true, from the very beginning i have favored a comprehensive solution to put our fiscal house in orderings something along the lines of the simpson-bowles. we don't have that luxury right now. but perhaps it will only soften the blow of the fiscal cliff but also give us a sense of urgency about a grand bargain to repair our financial house. i am not so naive as to believe everybody is going to check their politics at the door, even at this late hour, but this is not a time for politicking, bickering or partisan games. to allow the country to plunge over the fiscal cliff without any alternative plans to soften the landing is completely unacceptable. i can't think of anything more irresponsible than to let this great country go over the fiscal cliff, to play games with the lives of americans in such a callous way, to jeopardize the financial standing of our country and to alarm our financial narcotics ways that could trigger another recession. something has gone terribly wrong when the biggest threat to th
get done on the fiscal cliff. negotiations continuing behind closed doors to avoid some of the the most painful tax hikes and spending cuts in our nation's history. at least one republican congressman believes the president really wants the nation to go over the cliff, he so tax rates can rise. joining me now for his take on what's going on, live from the hill right now, house budget committee member, republican south carolina congressman mick mullvaney. thank you for being with us. >> thanks for having me. >> harris: this would be quite an acting job if he really in the end wants us to go off the cliff. >> politicians are good actors. and not only the last couple months, but years, his omb, budget, the money necessary to run the programs he wanted and nancy pelosi tells me there are members in her caucus wants taxes to go up and howard dean not shy saying that taxes should go up on everyone for months. there's a major part of the democrats who want the rates to go up and are public about it. the question, does the president have the interest to stand town that part of t
, negotiate, try to come up with something on a smaller scale anyway to get us past this fiscal cliff to make sure the average or typical american family of four's taxes don't go up by $2200 next week when you throw all of it together. we are tolded to that there have been telephone calls, e-mails back and forth at the staff level throughout the course of the evening and into this morning perhaps later today we will have a face-to-face meeting but with staff, not with the principals involved. not with the the senators involved. we don't expect to see them in the capitoled today at all. can they agree on a level here. and if mitch mcconnell the republican leader can bring along enough republicans to have it pass the senate and then really put the onus on john boehner. and that's one of the ifs and bus about this. of course we're talk about mud night new year's eve, monday into tuesday for the deadline here. the world is not going to come to an end, t.j., if they go into tuesday and have to do it then. but certainly they are under the gun. there's a lot at stake here. a lot of people are shake
opposed, no. the ayes have it. the motion is adopted. the house stands >> fiscal cliff negotiations continue between congress and the white house. the house returns tomorrow at noon eastern. we will have coverage here on c- span. president obama spoke about the afternoon,ff this ev but in the agreement will not happen before tomorrow. his remarks are 10 minutes. >> happy new year to you. hello, everybody. thank you. please, everybody, have a seat. good afternoon, everybody. welcome to the white house. i realize that the last thing you want to hear on new year's eve is another speech from me. but i do need to talk about progress that is being made in congress today. for the last few days, leaders of both parties have been working on an agreement that will prevent the middle-class tax hikes hitting 90% of all americans starting tomorrow. preventing that tax hike has been my top priority. it is the last thing that folks like who are appear on this stage can afford right now, to pay an extra $2,000 in taxes. the middle class taxes cannot afford it -- middle-class families cannot afford
't hammer out a fiscal cliff deal. senators will be meeting throughout the day. we'll be heading to the white house from the latest from the president. now, the big three money headlines, milk money, talking about on the rise and a sales surge. we have retail and economy news. everyone talking about fiscal cliff, taxes going up. a little detail not many people talking about, but will get their attention if you say your milk prices could double, triple? >> got milk, t.j.? talking about the dairy cliff. and the conchalgressional agricultural committee will come together. the price of milk will increase. right now, a gallon of milk about $3.50. set to go up to -- get this. $8 by january. if this new man isn't implemented. part of the talks that's going on with the president. they hope this will move forward. nobody wants the price of milk to be drink up. >> farm bill, it maybe goes over their heads. but i tell somebody that $8 for a gallon, they pay attention. >> this is a farm bill they really want to concentrate on. who wants to pay $8 a gallon for milk. >> this isn't the only thi
to the white house for the president momentarily is scheduled to speak about the fiscal cliff. he is joined by middle-class americans and is in the eisenhower executive office, a short distance from the white house. we are waiting for the president to be -- to come to the podium. you can share your thoughts with us on our facebook page as to whether washington should forge a compromise or go over the fiscal cliff. the president is coming momentarily and this is a live view from the white house. our coverage continues this december 31, 11 hours before the midnight deadline for congress to reach an agreement on the fiscal cliff. >> president of the united states -- [applause] >> thank you. >> happy new year to you. >> low, everybody. thank you. everybody have a seat. good afternoon, everybody. welcome to the white house. i realize that the last thing you want to hear on new year's eve is another speech from me. but i do need to talk about the progress being made in congress today. for the last few days, leaders of both parties are working toward an agreement that will prevent a middle-class t
and are going to to getting together on the house floor and sign a deal. no fiscal cliff. >> we have to work it out. it's bad for the country if we don't. i've talked to a number of friends from bothides of the aisle and we are hopeful it gets worked out. >> how can you work itut when the president himself, according to the "wall street journal" said -- speaker boehner came up with $800 billion and he said that doesn't cnt. >> it's clear we see what the problem is. the problem is, as the speaker indicated before we broke, he thought he had votes. so his plan b. the speaker said, and the majority leader said, i have the votes. we were on the floor of the house waiting for the vote, waiting to see what took place. then there was word there would be no more votes, that the speaker didn't have the votes. i talked to number of colleagues who were upset with their colleagues to didn't support the speaker. >> you're right. the whip or whoever counts the vote should never have suggested the vote. back to plan b. if you look at plan b, itas the 2010 senator schumer plan who said tax people making ove
that fiscal cliff, will there be a deal? also tonight, an abc news exclusive. barbara walters at the white house. asking michelle obama if she'll run for office next. and a personal question, too. >> how do you keep the fire going? >> hmm. that's a good question. >>> made in america. the great christmas challenge. >> i know, i know your show. >> she knew, and so did thousands of others. tonight, the big reveal. the videos you sent in, the made in america gifts you put under the tree. and the ones that didn't fit. >> merry christmas, david! >> how you're creating joy and jobs this christmas. >>> and caught on tape. the adorable pet dog stolen, about to be sold. you won't believe what happened next and what we witnessed today. >>> good evening on this wednesday night. and we hope you had a merry christmas. diane has a few more nights with her family, and what a night to stay indoors. across much of this country tonight, a massive winter storm and already, the ripple effect being felt coast to coast. the monster storm system stretching from indiana to maine, all the way to north carolina. mor
in washington today to figure out an 11th-hour deal on the fiscal cliff, but what about the house, which punted on boehner's plan b. house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the
four days to reach an agreement or you as a common goal of the so- called fiscal cliff we are here in washington working all the members of the house of rand representatives are all watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here until the president i would be happy to look at whatever he proposes but the truth is we are coming up against a hard deadline and as i said this to the conversation we should add months ago. >> democrats want to extend the bush era tax cuts to everyone except those americans making $250,000 or more year. >> many republicans are made against any tax increases. >> russian president of vladimir putin aside a bill banning americans from adopting russian children. >> the law also blocked dozens of russian children or currently in the adoption process by american families from leaving the country. >> putin says the bill is retaliation for an american law that calls for action against russian officials were found guilty of violating human rights. >> more than 60,000 russian children have been ad
over the fiscal cliff, texas will go up. going up for every income level across the board. but down the road, is that the only way we get our fiscal house back in order? >> we're back down to the law, this is only a fe if you shouldy for massive government is unfair to those few. there is no guarantee wealthy people will keep their money in thison country so if we're going to have a bloated government, everybody should feel the pinch. that is the half that will find out exactly what government costs if we go over this cliff. eric: it seems that is where we are headed.k about a half a minute or so. no, >> how can he fix the fiscal cliff. saying i'll even give up texas. eric: fair and balanced: the mimetic horsemen joining me now. you are very icy on the way in u here. said you and i are going to get together on the house of the floor and come up with a deal. no fiscal cliff. >> we have to work it out. we are hopeful we can get that eric: speaker john boehner came up with $800 billion, saying it is all mine. that doesn't seem like a fair negotiation. w >> the problem is that
that we know now there will not be a house vote on the fiscal cliff packagk tonight. what are you hearing? what are the chances in what's going on? >> the u.s. congress has taken incomplete, remember that, you would call the registrar and, or your professor, and you took an incomplete, and that's what they've done. mcdonnell and the democratsdemo could get something done in terms of taxes, and it's a stage of process, but in terms of the whole bargain, they want more time of the what republicans didn't want to have blamedblam monday them is that they increased taxes on the middle class, and so maybe tim kainey was prophetic.ti he said let's just settle atse 500, they settled at 450,000, and noo move to the tougher stuff later. >> we've seen a lot of frustration and it's not justjus the americans who will be affected. lawmakers also fed up, maryland senator, the longer serving woman in the senate, said i, lived through 9/11, i've lived through impeachment of a president, but this is what we are doing to hour selfment are you surprised we got to thisto point?po >> not really, and i tr
the press on saturday. house republicans were cozy and doing nothing on the fiscal cliff. john bone bone took himself out of the negotiations and abdicated responsibility and said he would dole with whatever the senate and president had come to. i happening there is a lot of good proprosals on the table and something will get done, too. >> dave: it appears that senate republicans came a long way in sharing their desire for no taxes raised on the wealthy. $550,000 thres hold for couples is a significant compromise. but can they get anything through the house in terms of getting republican votes today? >> i don't think that will get through the house . the house was elected to protect the united states of additional obama care spipe types of spending . from the perspective it is it a char aid. he wants to raise tax for people with over $200,000 . patti murray tipped the president's hand when she said it is okay to go off the fiscal cliff . we get credit when we cut taxing back to the level they were before the cliff . it is it a political issue for them to attain their goalings. >> dave: s
will weather the storms to get back to washington today with five days left to avert the fiscal cliff, and now all eyes will be on the senate after house republicans say it's up to senate leadership to reach a deal. nbc's danielle leigh is live on capitol hill. danielle, what's the latest? >> reporter: mara, good morning. it's a new day and a new standoff. this time, house speaker john boehner is hinting he won't bring house members back to town until the senate comes up with a passable plan. as president obama leaves his tropical retreat in hawaii for a wintry washington, tension on capitol hill is on high. >> i don't see how you could hammer out any kind of a grand bargain or large plan involving tax reform and entitlement changes in a matter of days. >> reporter: serious doubt is setting in. even starbucks is getting involved, writing "come together" on its cups. speaker john boehner says he's sitting this round out after failing to get enough house republicans to support his own plan just before christmas. >> i think that boehner is being controlled, unfortunately, by the right wing. >> re
:15 the fiscal cliff negotiations and the effort to prevent one of the largest tax increases and budget cuts in united states history. >> we are still watching the accident in napa. >> we have a lot of traffic around fifth street near downtown. the westbound lane blocked due to a two car crash. a woman was trapped inside of her car. we will take a look at the bay bridge. you can see traffic flowing nicely. 880 near the oakland coliseum we have traffic gluing well in both directions. no delays to report. in the south bay 280 at 880 split those headlines northbound traffic toward santa claire a. >> hi. we are -- taking a live look outside. showing you cloud coast mostly cloudy skies over most of the area. key headline, it's dry, we have a break in the rain for today. its been an active weather pattern over the past one to two weeks. we will look at where we stand with rain, since july 1st when the rainfall calendar starts. santa rosa over 22-inches, san jose at 7 inches, look at santa rosa. 174% of average and by tomorrow we could be tracking just a few more rain shower, nothing major but s
-called fiscal cliff with the new year's deadline looming in several days. the senate is due back in session tomorrow. they have several items on their docket. they have defense spending and perhaps fiscal cliff matters. the house is due in tomorrow as well. we do not have their schedule. both bodies of congress in over the weekend as well. here are the numbers to call for open phones. republicans, 202-585-3881. democrats, 202-585-3880. independents, 202-585-3882. "the richmond times dispatch" -- host: a lot more to tell you about in the papers today, including this piece about john kerry, the man who the president has nominated to become secretary of state. now the outgoing massachusetts senator. they go on in this piece in "usa today" -- harder choices loom. syria being a more intractable problem than libya. a tougher stance with china through the a share rebalancing . is now the time to me sure a firmer line does not lead to another war. writer a lot that the lays out in his piece. grace from alabama, good morning. caller: good morning. i have a question about benghazi. nobody has said an
on the fiscal cliff. will congress and the white house be able to come together in time to avoid a 500 billion dollar tax hike. live reports from washington just a second away. >> dave: and president obama ordering pay raises for members of congress and other federal workers, even though we're dangling off the edge of the fiscal cliff. >> juliet: love it. >> dave: might cut your paycheck. we're not kidding. more info on that. >> clayton:'s he one of our favorite television neurotic guys, he's neurotic in real life, larry david. >> you came by the hall, wouldn't let me get by wouldn't let you get by me? >> my appointment was 11:30, yours is 11:45. >> clayton: turns out being neurotic may actually be good for you. we'll explain. "fox & friends" hour two starts right now. ♪ >> oh. >> juliet: why is that good news? why are you smiling about that neurotic thing? >> i agree with larry david on a lot of things. stop and chat, laboring about it all day, stop and chat. >> juliet: i move it along and the elevator is the worst. >> dave: stop and chat and you want to talk to clayton and you get natalie
an hour. now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal spending or tax code reform. it won't even include across the board spending cuts. it will focus on tax rates and a few spending items. >> that's the bearare minimum we should be able to get done. >> sidelined for now. house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 hours, and so i'm hopeful and optimistic. >> the presiden
in control of the house. we are focused on the fiscal cliff and whatever is going to happen with that. logistically, the time of the year. we are talking about months before there is going to be legislation that could be put on the table. what do you think could pully realistically have a chance of passing? >> i'm skeptical like you ever. i hope it plugs the loophole that they get through at the various gun shows. i hope there can be something on magazine clips. the thing i would most like to see is an attempt to do a buy back program back in 1996. if we did that and invested real money, you could -- if we overpaid for the guns we want to get off the street, that's the big problem. anything we do now at the margin will not reduce the stock. that's part of the problem. why not make it a stimulus at the same time we get guns back and reduce the inventory and the chance we will have these beings and firearms. >> it's a clever idea and a clever way to sell it. the basic point there about what a gun buy back program would do, the experience we had with the assault weapons ban is we banned
between the lawmakers and president obama to try to avoid going over the fiscal cliff that comes on new year's day. but after a meeting at the white house, the president said he is hopeful. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> cnn's chief business correspondent ali velshi joins us from new york with some very good insight. senate majority leader harry reid has said if they don't reach something by monday he'll bring forward a bill to help out the middle class for an up-and-down vote. >> right. >> put everybody on the record, but especially republicans. isn't that the tactic? >> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and work something out. and reid left and ma
reach the fiscal cliff. the congress and the white house are running out of time. there was supposed to be a leadership telephone conversation today, while the president heads back here from hawaii. senior congressional correspondent dana bash is following that closely, so we'll be checking in with her. we're also staying on the story of the gun culture in america. we'll talk to former congressman asa hutchinson, a man who is very well known here in the nation's capital, a long-time friend of the gun lobby. he's been tapped to lead the nra plan to put armed guards in plan to put armed guards in school. also the weather is a very big story. blizzard conditions in indiana and other places. we'll take a look at just how bad that can get. all that at the top of the hour. >> joe johns, thank you. >>> they inspire us, sometimes they even anger us. they're the most intriguing people of 2012. so who made the list? broo brooke baldwin counts down the top ten people who shaped the year that was. >> number 10, john roberts.broo top ten people who shaped the year that was. >> number
said he is fed up with the fiscal cliff stale mate. he met with congressional leaders at the white house and announced there's work behind the scenes on a bipartisan deal and enissues an ultimatum. here's sally kidd with the latest. >> president sat down with john boehner and other congressional leaders in hopes of cutting a last minute deal. >> we had a constructive meeting today. senators reed and mcconnell are discussing a potential agreement where we get a bipartisan bill out of the senate over to the house and done in a timely fashion so that we met the december 31st deadline. >> we'll be working hard to see if we can try to get there in the next 24 hours. so i'm hopeful and optimistic. >> senate leaders say they're hoping to come back with a proposal as early as sunday. >> whatever we come up with will be imperfect. some people aren't gonna like it. some people will like it less but that's where we are. >> the president said if agreement isn't reached by the deadline, he will urge the senate majority leader to hold a vote on a basic package, one that ensures taxes don't rison
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